The Double-Edged Sword of Perpetual Futures: Benefits and Drawbacks According to Crypto Traders
When discussing crypto trading with experienced traders, perpetual futures, or 'perps,' are often the first topic that comes up. These derivatives contracts allow traders to control larger positions with less capital. Unlike standard futures, perps do not have an expiration date. For traders of alternative cryptocurrencies, perps are often the only derivatives option available, as dated futures f…